Dáil Éireann Debate, Wednesday - 18 January 2017
215. Deputy Jackie Cahill asked the Minister for Agriculture, Food and the Marine his views on the problems that are arising with TAMS II, whereby co-ops are providing loans to farmers to purchase equipment but the co-ops are still in ownership of the equipment and the farmers are being refused due to the fact they cannot provide proof of ownership (details supplied); and if he will make a statement on the matter. [2100/17]
View answerThe Terms and Conditions of the TAMS II Scheme are very specific and state that applicants must have fully paid for the investments before grant aid issues. Only payments made prior to submission of the TAMS II payment claim can be considered as an eligible cost.
The extract from the Terms and Conditions states;
"Grant aid will not be paid in respect of new equipment or investments unless full ownership thereof has been transferred to the applicant prior to the lodgment of the payment claim. Full ownership is defined as when the applicant has fully paid for the investment".
There are no plans to change these conditions.
